Myanmar earns $753 million from pulses exports this fiscal year

Myanmar pulses are kept on display for sale in a shop at a market.  Photo: Zaw Min Latt
Myanmar pulses are kept on display for sale in a shop at a market.  Photo: Zaw Min Latt

Myanmar’s export of pulses reached Ks753 million in the last 10 months of the current fiscal year (FY), according to the Commerce Ministry.
Mung beans is the main export item among pulses, with an estimated income of some $326 million, followed by green grams, with an export value of $198 million and pigeon peas with $96 million.
The prevailing prices per tonne in the second week of February were Ks708,000 for mung beans of special quality, Ks558,000 for mung beans of fair and average quality and more than Ks460,000 for pigeon peas. The prices have shown a slight increase compared with last week. However, the current market prices of pulses dropped by nearly half over the last FY.
India is the main buyer of Myanmar’s pigeon peas, mung beans and green grams. The restriction on the import of pulses by India drove down the price of pulses drastically. The sole reliance on a single market has created chaos in the Myanmar pulses industry.
Export earnings from the agricultural sector from 1 April to 9 February this FY were $2.59 billion, which is an increase of $203 million compared with last FY. – Ko Khant

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